While Bitcoin and Ethereum have strong burglaries, 18 crypto-assets recorded double-digit profits last week-markets and prices
While Bitcoin and Ethereum have strong burglaries, 18 crypto-assets recorded double-digit profits last week-markets and prices
While the crypto economy has lost billions of value this week, 18 different digital assets have made double -digit profit in the past week. At the same time, the two leading crypto-assets after market capitalization, Bitcoin and Ethereum have lost between 2.8% and 6.2% in seven days.
18 crypto-assets see value increase in the double-digit range
Bitcoin and Ethereum have lost some value, according to weekly statistics, and a number of alternative digital assets have developed much better. Today the crypto economy is worth $ 2.36 trillion and has dropped by 2.9% on the last day. btc in the last seven days has lost 2.8% in value and ETH has lost 6.2% since last week. However, 18 crypto tokens made double-digit profits over the US dollar last week.
For example, sushis waps of decentralized Exchange (dex) Token sushi (sushi) has increased by 67 % in the past seven days. Near (Near) rose by 57.8%, Fantom (FTM) rose by 49.6%and Oasis Network (rose) rose by 48%during the week. The other weekly top winners included convex finance (+35.7%), AAVE (+33%), Theta network (+24.8%), uniswap (+19.2%), osmosis (+18.2%), Kadena (+16.8%), IOTA (+15.8%) and the sandbox (+15%).
Bitcoin and Ethereum see strong break -ins, says Huobi Global Analyst: "Pay attention to the changes in the price direction"
Cosmos, Polkadot, Enjin, Monero, Celo and Curve token also recorded double -digit growth this week. Of the $ 2.36 trillion worth more than 12,000 crypto-assets, btc ’is dominance, while dominance is Ethereum is 19.1%. Discussion about Bitcoin ( btc ) prices with bitcoin.com News, the co-founder of the Huobi Group, du jun, said that the price of Bitcoin tends to be stabilized and dealers "should pay attention to the changes to the price direction".
"According to data from Huobi Global, btc ’ S praised the day, after a strong decline at night, fluctuating from 47,500 US dollars back and forth, change the direction several times, ”said Huobi's co-founder to our news desk. "Three EMA lines went steeply from the 4H-K line, the K line was near the lower rail of the Bollinger ligaments and the opening of the Bollinger tapes expanded considerably," added Jun. The analyst added:
Although the decline has been blocked, the short side is still relatively strong, especially from the daily line. This decline has the btc after a week-long price increase again with a similar rate, and there is again a trend towards forming a downward channel. Short -term upward trend is less likely. Pay attention to the changes to the course direction and support the $ 45,500 position below.
While the values of Bitcoin ( btc ) and etherum ( eth ) have experienced both declines, numerous alternative crypto-assets win on the dominant crrypto markets. A recently published Learn indicates that the old coins have tripled since 2014 and 2021 Target = "_ blank" href = "https://news.bitcoin.com/this-years-top-10-crypto-asset-gainershined-tcs-tcs-teeths-12-month-returns/" Rel = "noopener"> top-ten crypto-assets with the highest performance target = "_ blank" class = "lar-automated-link" href = "https://markets.bitcoin.com/crypto/btc" rel = "noopener"> btc and eth in terms of profits far away. Despite the losses Bitcoin ( btc ) has still risen by 76.1% since the beginning of the year and the ytd metrics of Ethereum show that ether has increased by 416%.
Insofar as Ethereum ( eth ), you said Jun from Huobi Global that the Ethereum markets are very similar btc ’s market pattern. "[The] Price of ETH stabilizes during the night, swinging back and forth slightly, echo the btc price string, and he is now near 3,800 US dollar, "added jun on Wednesday. Juns utherum ( eth ) market outlook continued:
From the 4H-K line, the adjustment is strong downwards and the momentum is relatively large. Every moving average went down steeply and the trading volume rose. From [the] daily level, the downward trend is less obvious. Pay attention to the support of the 4680 position below. As soon as it breaks through, the price descent is formed.
What do you think of the 18 crypto-assets that have recorded double-digit growth in the past week? What do you think of the recent performance of the two leading crypto market values? Let us know your opinion on this topic in the comments below.
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